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Reason for global recession : trade war usa china syno American trade war.

Usa said china as currency


manipulator

Technolopgy war- both want dominace in future industries ai, robotics 5g etc

Oil supply: usa- iran conflicts

Impact: increase of imported goods

Moving towards deglobalizatiohn

Monetory policy easing( reduce rate of interest so that people have cash in their hands)

RBI should ease policy rates.

Boost consumption (tax reduction).

When econmy’S OUTPUT DECLINE FOR TWO CONSECUTIVE QUARTER PERIOD. THE GLOBAL GROWTH
AVERGE IS 3.5% . IF IT GOES2.5% THEN IT IS RECESSION.

EXPORT INCREASE, EASE OF DOING BUSINESS N INDIA

Our quarter growth is 5% as apr- June. China is at 12trillion economy and india have 3$ trillion

2018-19 5.8% 6.4%

2019-20 (1QTR) 5% 6.2%

India’s domestic consumption slowdown. People are not consuming enough. Like cars, basic products
atta, pulses, fmcg, soap etc. china exports approx.. 2.5 trillion$ and India export 500billion$. “GST and
Demonetization also impact the economy as businesses have to change their taxation procedure which
shakes the economy” Raghuram Rajan. “too many reforms by modi govt slowed down the gdp growth”
Amitabh kant- niti aayog CEO. Global recession in 2020 if trade war will be continoue. Bad infra
structure. Not complete of delhi Mumbai corridor, no bullet trains for fast movment of goodsn etc that’s
why companies moving from china are going to Singapore, Vietnam but not coming to india.

Solution: Automobile sector should be fillip so that job will be generated. Hyundai motors india MD
suggests the govt to reduce the taxes slab of GST this will attract the customers. Govt can reduce
registeration fees. 15000 people job has been terminated.

Increase rural people income. Sugarcan farmers have pending payment of 25000cr rs from sugar mills.
Govt intro export subsity. FDI relaxation. 70,000cr capital infuse in NPA public banks.

Global GDP 3.2% but it can go down.

CSR ch last three year average profit ka 2% is CSR was criminal offence who not follow but now it
become civil matter.

Angel Investment on Startups. Rich people Rattan TATA can invest on startups without any tax otherwise
both tax lgde c pehla.
In public sector bank Loan Process with be fininsh in 15 days whether to given to a person or not. Repo
Rate currently is 5.4%

RS 100lakh crore for infra projects.it is capital expenditure.

One Time Registration Fees for automobile which will be increased but now it is delayed by 2020.

Government ministries te ban c of buying new cars but this ban will now lifted.

Scrappage Policy where u can sell ur carif ur car is 10-15 yr old at good rate and by new one to increase
car sales.

BIG BANK MERGERS 10 banks merge in 4 banks

2017 - 27 PSB

After Merger - 12 PSB

1st April 2019 vijya bank and dena bank get merged under bank of baroda

PNB (ANCHOR BANK) ji sch merge hongiyam –OBC Bank and United Bank of India

Canara Bank (ANcor bank) ---- Syndicate Bank

Union Bank---Andhra Bank & Corporation Bank

Indian Bank – Allahabd Bank

After merger at first position will remain SBI then PNB then Bank of Baroda

Govt will infuse Rs55250 crore in 10 PSB

Chief Risk Officer (CRO) will help the banks to tell where to take risk and how much

Benefit: Economies of Scale: Bigger the bank, lower the cost. Rental cost, maintenance cost and other
cost will be save and profits will be increase of banks

Cost of landing will be reduced. Rate of interest given on loans will be reduced if 8% was given then now
it can be 7% rate for loans. It happens due to operational efficiency gains means economics of scale

Enhance capacity of banks more customers will come.

Govt will meet international standards and make nextgen banks

Problems in merger: Technology problem. But govt said they merge those banks whose technology
softwares are sameso that there will be less problem in merger .

Jobs of employees in threat: Nirmala sitaraman said no employee will be be hurt and give past ex of bank
of baroda merger where no employee had been dismissed

RBI REPORT ON ECONOMY: every year report is launch


Growth of J&K. industry will setup, employmemt will be provided, 50 new insititutions will be opended
that’s why article 370 and 35a was repealed . maximum people support but many people don’t want to
repeal and file petition in the court. They said they are not getting that benefit after this article revoke.
So Supreme court will form a 5member committee to examine the validy of abrogation of special staus
of J&K. now committee will analysis is people facing loss due to this article. But people don’t know about
the economy of jk. It is a good step inifra, edu, standard of living will be improve. . now the court have to
give reason verdict

Ruppee is goind down due to:

China devaluation(its exports increase)

Trade war: global trade come down so Indian exports comedown which means less foreign currency inn
india,

Overall global slowdown: lesser demand and supply. So lesser foreign currency in india.

Sellout of FPI from india

Bank mergers: As FM Sitharaman


promises smooth transition, here's
what it means for customers of
these 10 banks
Merger of banks is a time consuming process which may go on for several months.
However, it is made sure during the process that there is minimum disruption or
inconvenience for customer.

In order to prepare the Indian economy to reach $5 trillion GDP level, the
Union government has announced the third round of bank consolidation in
which 10 public sector banks (PSB) are being merged to four. Punjab National
Bank will merge with Oriental Bank of Commerce and United Bank to create
the second largest bank in terms of business. Canara Bank and Syndicate Bank
will merge to create fourth largest state-owned bank. Union Bank of India will
merge with Andhra Bank and Corporation Bank to create the fifth largest PSB.
Indian Bank will be merged with Allahabad Bank to create the seventh largest
PSB. The government is trying to create big banks with greater financial
strength to provide funding to the needs of a growing India. However, what
could be the impact of this merger on the customers of these banks is a bigger
question? Here is what you can expect.
How the process works
Merger of banks is a time consuming process which may go on for several
months. However, it is made sure during the process that there is minimum
disruption or inconvenience for customers. The government has been careful
in selecting and merging only those banks that operate on the same software
platform which will make the transition smooth. Most backend processes are
integrated with the help of technology without disturbing customers. Among
merging banks, the largest one often plays the role of anchor bank and the
merged bank takes the identity of the largest bank.
Hiccups during transition
During the merger process, consumers will have to deal with minor
difficulties. Whenever backend technological integration takes place it often
needs downtime when customers cannot carry out transactions. These
downtimes are usually planned late night so that a minimum number of
consumers get affected. Often customers of one bank are used to process and
culture of the bank and may find some difficulty as the merged entity may do
things differently.
Greater reach and accessibility for customers
A merger enhances geographical reach of the all merging entities. As a
consumer you will benefit as you can access your bank branch at more places
which were earlier not on the bank network. Similarly, number of ATMs which
customer can access also increases. People who are in professions which
require frequent travel will find it helpful that their bank branch and ATM are
available at new places.
Branch Rationalisation
There are many localities in which multiple branches of these merging banks
operate on individual basis. After merger, number of such branches will be
reduced allowing the merged entity to spread into new geography by utilising
resources released by removing duplication. However, some customers will
find the most conveniently accessible and closest branch being shut.
What will happen to your debit card and chequebook?
Customers of smaller banks will automatically receive new debit cards and
cheque books before the effective date of merger. Therefore if you are
customer of any merging bank you should make sure that you have your
correspondence address and contact details updated so that you receive any
communication from the bank.
How will eBanking work?
In terms of net banking the practice is to initially add the option of your old
bank login option on the website of the largest bank. Later on customers are
given a new login ID and password of the merged entity in due course. Same
will happen for mobile banking apps as account holders will receive new
credential in terms of User ID and password to join the mobile banking app
the merged entity.
Better product and services
All merging banks bring their best practices and product strength. As a result,
the merged entity is able to learn and offer better quality products and services
to consumers. It has the option to pick the least costly and better process
among merging banks to offer to customers.
Competitive lending rate
Though large PSBs which enjoy bigger CASA (Current Account and Saving
Account) Deposit Ratio are the cheapest source of funds for the bank and
hence they are able to offer loans to consumer at quite competitive rates.
Many smaller PSBs do not have higher CASA ratio hence are not able to offer
competitive low rate loan to their customers. After merger the customer of
even these banks will be able to get loans at very competitive rate

Government opens up FDI


door further
Our Bureau? New Delhi | Updated on August 28, 2019 Published on August
28, 2019

Piyush Goyal, Commerce and Industry Minister (File Photo) - Kamal Narang

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RELATED
Govt mulls scrapping cap on foreign
investment in coal mining

Cabinet eases norms on single brand


retail trade; provides booster dose for
sugar exports, contract manufacturing
To help revive economic activity by attracting more
foreign direct investment (FDI), the Union Cabinet on
Wednesday relaxed several rules in areas such as
single-brand retail, contract manufacturing, coal mining
and digital media. Most of the decisions taken on
Wednesday are in line with the announcements made in
the Union Budget last month.
The Union Cabinet has also approved setting up of 75
government medical colleges in areas where no such
colleges exist; extending export subsidy to 6 million
tonnes of sugar worth ₹6,268 crore; and establishing an
international Coalition for Disaster Resilient
Infrastructure (CDRI), with a supporting Secretariat
Office in New Delhi.
Also, 100 per cent FDI under the automatic route has
been allowed in contract manufacturing to give a boost
to domestic manufacturing, Commerce and Industry
Minister Piyush Goyal informed the media after the
Cabinet meeting.

Home

MARKETS

Stock Watch

Story

Govt approves Rs 6,268 crore subsidy to promote sugar exports


The worst year for Indian aviation in six years

Is the Indian aviation sector heading for its worst year in the past six years? Recent numbers from
the Directorate General of Civil Aviation (DGCA) show that domestic air passenger growth was just
3.15 per cent in the first seven months of 2019. That's just a fraction of the 21.8 per cent growth
achieved during the same period of 2018. The weak consumer sentiments, capacity correction after
the fall of Jet Airways and high airfares have contributed to the subdued air passenger traffic.
Since the beginning of 2019, air passenger traffic started slipping, but the real trouble
started when Jet Airways went out of business in April. It led to sudden vacuum in
capacity, which meant higher airfares

The key to lifting the gloom is in raising the income of working population through
better wages to revive consumption demand
FDI norms eased for single
brand retail, digital media,
manufacturing
Exports to be factored in to meet 30% domestic sourcing norm

The Union Cabinet on Wednesday relaxed the rules for single-brand retail, more than seven
years after the foreign investment cap was removed for the segment to attract marquee
foreign brands such as Gucci, Louis Vuitton, Ikea and others into the country. The latest
government move is in line with the recent Budget announcements on FDI changes.

While 30 per cent local sourcing remains a mandatory condition for single-brand retail, the
government has now agreed to a long-standing industry demand to make things easier for
foreign retailers. With the change, foreign retailers’ India buy for exports will be factored in
to meet the 30 per cent domestic sourcing norm. Companies in the single-brand space can
also start online retailing without opening brick-and-mortar stores first, something that was
not allowed earlier. While 100 per cent FDI is allowed in single-brand retail, whenever the
foreign investment exceeds 51 per cent, the mandatory local sourcing norm kicks in.

“Single brand reforms will have a long-lasting impact in boosting market hygiene, enhancing
customer satisfaction and most importantly raising mobile handset retail to international
standards. Iconic stores of global standards have a symbolic value for the nation too”, said
Pankaj Mohindroo, of India Cellular And Electronic Association.

Toyota, Suzuki enter into


capital alliance amid a shake-up
in auto industry
Japanese automobile majors Toyota Motor Corp and Suzuki Motor Corp on Wednesday
announced a “capital alliance” for equity investment into each other. While Toyota will
acquire 4.94 per cent shares of Suzuki, worth $908 million, the latter will make a $454-
million investment in the biggest automaker of Japan.

The latest investment comes months after the two companies announced a cross-badging
deal under which they would manufacture vehicles for each other in the Indian market.
Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be
sold under the Toyota brand with small changes. In return, Maruti will get technical know-
how, which will help the company develop hybrid and electric cars. With the government
giving impetus to cleaner fuel, the industry expects Maruti will have a significant advantage
where it can develop such vehicles using Toyota’s research and development prowess.

Using Toyota’s know-how and facilities, Maruti is currently testing around 50 electric vehicle
(EV) prototypes in the country

Toilet cleaner: India & Inc have found a new hit in PM Modi's 'Swachh Bharat' mission

Read more at:


//economictimes.indiatimes.com/articleshow/70941151.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

MUMBAI: The number of Indian households using toilet cleaners has doubled as companies invested in building
awareness about hygiene after the launch of the government’s ‘Swachh Bharat’ initiative about five years ago.

Under Prime Minister Narendra Modi’s ‘Swachh Bharat’ mission, the government has built more than 90 million toilets
across the country. As a product segment, toilet cleaners were used at 22.5%, or nearly 65 million, households as of
June quarter compared with 10.4%, or 29 million households when the sanitation programme was launched,
according to global consumer research firm Kantar Worldpanel.

Bathroom sanitation products makers, including RB, Hindustan Unilever and Dabur, have since invested heavily in
spreading awareness on better hygiene practices.RB, which sells market leader brand Harpic, also roped in actors
Amitabh Bachchan and Akshay Kumar—who acted in the sanitation-promoting movie ‘Toilet: Ek Prem Katha’—as
brand ambassador for its cleanliness drive. .
“Harpic, itself, is a massive innovation, including the nozzle which goes under the rim. India was also the first market
to launch a Rs 5 pack of a sachet with a nozzle,” said Sukhleen Aneja, marketing director - Hygiene & Home, South
Asia at RB. “For behaviour change habitbuilding communication, we brought Akshay Kumar as a change agent, who
stood for a point of view on sanitation, helped us state the cause and gave us voice to massify the sanitation
mission.

Five years ago, the government had pledged to make India open defecation-free by October 2019 through the
construction of at least 120 million toilets across the country. In February this year, the government claimed to have
constructed 92 million toilets.
Read more at:
//economictimes.indiatimes.com/articleshow/70941151.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Centre puts curbs on import of Agarbatti

The Ministry of Commerce and Industry has amended category for raw
agarbatti from ‘free’ to ‘restricted’.

Britannia to increase prices "marginally" to


beat slowdown
Besides marginal price increase, the company would also go for cost
optimisation, Vinay Subramanyam, Head (marketing) of Britannia Industries said
Read more at:
//economictimes.indiatimes.com/articleshow/70939503.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The Centre has come to the rescue of India’s domestic ‘agarbatti’ or incense stick industry by bringing in an
amendment to the import policy.

In its order dated August 31, the Ministry of Commerce and Industry has amended category for raw agarbatti from
‘free’ to ‘restricted’- a move that will result in increased import duties on it.

Huge reduction in import duty on raw agarbattis under the Indo-Asean free trade agreement since 2011, has led
bamboo sticks from China and Vietnam . bamboo sticks from China and Vietnam to flood the market through the last
few years.

Ravi Shankar Prasad to hold a round table with electronics giants

This comes as the government has set an agenda of turning India into an export hub for electronics
manufacturing and an interministerial panel headed by Niti Aayog is creating a roadmap for it.

NEW DELHI: In order to understand the concerns of the electronics industry and create a policy ecosystem to further
push the domestic manufacturing in the country, Ravi Shankar Prasad, minister for electronics and IT is holding a
roundtable with chiefs of leading multinationals such as Apple and Samsung along with homegrown majors such as
Lava and Micromax on Monday.

Read more at:


//economictimes.indiatimes.com/articleshow/70703024.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

This comes as the government has set an agenda of turning India into an export hub for electronics manufacturing
and an interministerial panel headed by Niti Aayog is creating a roadmap for it.

Top leadership of almost 50 Indian and multinational companies have been invited for the roundtable which will also
be attended by Dhotre Sanjay Shamrao, Minister of State for HRD, Communication and Electronics & IT. Among
those who are invited are India representatives of electronics giants .. such as Apple and Samsung, Sony, HPE, Intel,
GE and Ericsson along with chiefs of components manufacturers such as Foxconn and Wistron. Leading industry
associations are also expected to join the meeting.

"The demand for electronics in India is growing exponentially and is estimated to reach USD 400 billion by 2025. This
has created a golden opportunity for new investments in electronics manufacturing and the associated supply chain,
not only to tap the growing domestic demand in India . but also export from India in a big way. The Ministry of
Electronics and Information Technology (MeitY) has notified the National Policy on Electronics 2019 (NPE 2019)
which envisions promoting domestic manufacturing and export in the entire value-chain of electronics to achieve a
turnover of USD 400 billion by 2025. This presents a huge opportunity for the companies in the electronics
manufacturing ecosystem to set up/ expand their manufacturing base in India," the invite said.

Read more at:


//economictimes.indiatimes.com/articleshow/70703024.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

.
Read more at:
//economictimes.indiatimes.com/articleshow/70703024.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Read more at:


//economictimes.indiatimes.com/articleshow/70703024.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Read more at:


//economictimes.indiatimes.com/articleshow/70939503.cms?
utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Age of third-degree torture is over, Amit


Shah tells police
The age of third-degree torture was over and the police should stay a step
ahead of crime and “criminal-minded people” through better investigation
and forensic evidence, Union Home Minister Amit Shah said on Wednesday

He was speaking at the 50th foundation day of the Bureau of Police Research
and Development (BPRD), a think-tank under the Ministry of Home Affairs.

Mr. Shah said old police concepts should be revived for investigation and
mere “reliance on phone tapping” was not going to yield results. He stressed
on need for a robust forensic set-up that would make it impossible for
criminals to escape the clutches of law.
Tata Motors, Maruti Suzuki, M&M
stocks fall up to 35% in 6 months
amid auto slowdown
In the last six months, BSE auto sector index skidded 36 per cent and NSE's Nifty auto
index too dropped nearly 36 per cent in the same period, dented by weak consumer
sentiment and slowdown in the secto
Shares of auto companies have been deeply affected by the slowdown in the
auto industry. Stocks of the top three auto companies have plunged up to 35
per cent over the last six months as compared to the 37 per cent decline in the
BSE auto index. On the contrary, the BSE Sensex has gained nearly 4 per cent
during the same period.
Weak sales, disappointing quarterly results, subdued demand and an overall
slowdown in the economy, have fuelled the fall.
On Wednesday, auto stocks declined nearly 3 per cent in intra-day trade on
the Bombay Stock Exchange (BSE), led by index heavyweights such as Tata
Motors, TVS Motor Company, Maruti Suzuki India, Mahindra & Mahindra
and Motherson Sumi Systems.
In the last six months, the BSE auto sector index skidded 36 per cent and the
NSE's Nifty auto index too dropped nearly 36 per cent in the same period,
dented by weak consumer sentiment and slowdown in the sector. Among the
top auto companies, home-grown Tata Motors was the top laggard, followed
by Mahindra & Mahindra and Maruti Suzuki India
Shares of Tata Motors, the country's largest automobile manufacturer,
declined as much as 35.46 per cent in the last six months. The stock has fallen
55.5 per cent in the last one year and 15.41 per cent in the last one month.
Maruti Suzuki India shares declined 12.11 per cent in the last six months and
35 per cent in the last one year.

HUL eyes premium splash with Love & Care


detergent
2 min read . Updated: 19 Aug 2019, 07:35 AM ISTBidya Sapam
 Launch is part of HUL’s ongoing ‘premiumization’ strategy in the laundry category
 HUL is set to roll out detergent brand ‘Love & Care’, a new India-focused product
 MUMBAI : The last time Hindustan Unilever (HUL) launched a new detergent
was 32 years ago, when its market-leading brand Surf was unseated by low-
cost rival Nirma. Now it’s ready with another, this time in the premium
segment.
 HUL, India’s largest packaged goods firm by sales, is set to roll out detergent
brand ‘Love & Care’, a new India-focused product, a top company executive
said. It will be launched across top 30 cities in India this week. The new brand
is created for washing premium fabrics like silk, fine cottons and chiffon
among others, and would be positioned in the premium category, Priya Nair,
executive director, HUL said.
 The new launch is also part of the company’s ongoing ‘premiumization’
strategy in the laundry category that already has brands such as Wheel, Surf,
Sunlight, Rin and Comfort. HUL’s last new detergent product was Wheel to
take on Nirma.
 “We have delivered both volume-led and profitable growth (detergent
business). We are well-placed in the country with the kind of portfolio we have.
Therefore, our focus now is how do we create a new segment that caters to
consumer needs. The launch of Love & Care expert fabric care is one part of
the strategy to continue to drive premium brands," Nair said in an interview.
HUL’s other detergent brands are Rin, Surf Excel and Sunlight.

Indulekha is a ₹2,000-cr
brand for us, says HUL
Chairman Mehta
Hair-care brand Indulekha, acquired by Hindustan
Unilever Ltd (HUL) in 2016, has become a ₹2,000-crore
brand for the FMCG major, its Chairman and MD, Sanjiv
Mehta said.
The offering under Indulekha include hair oils and hair
cleansers (shampoos).
Hinting that it was a successful acquisition, Mehta said,
against the ₹350 crore paid three years back, Indulekha
generated a business of ₹400 crore annually. Moreover,
from a regional brand with strong presence in Southern
markets, it has expanded pan-India.
Indulekha, as on March 2015, generated a
turnover ₹100 crore and had an EBITDA margin of 30
per cent.
“Indulekha now generates at turnover of ₹400 crore
annually and is a ₹,2000-crore brand for us,” he said
during an event organised by the Bengal Chamber of
Commerce and Industry.
Initially owned by the Kerala-based Moson Group,
Indulekha was first launched in 2009 as a premium
Ayurvedic hair oil. Over the years its ‘Bringha Oil’
carved out a niche for itself, in the premium naturals
segment, supported by endorsements. The brand had a
strong presence across Kerala, Tamil Nadu and
Karnataka. It had made a foray into Maharashtra at the
time of acquisition by HUL.
Chinese economy is going down due to fall in export and investment. Because US put high tariffon
Chinese products so people of USA don’t buy product of china . economy grew 6.2% which is low as
compared to previous years. Retail sales( people of chine who buy the products) also going down
domestic growth is less. To improve this government can reduce tax and ro interest so that people get
income and spend it on purchasing goods.

Kisan Urja Suraksha Evarm Utthaan Mahabhitan (KUSUM) : irrigation done with the help of solar panel.
60% expense paid by govt and 40% by farmers. Rs34000 crore is the budget allocation. Out of 40% 10 %
is paid first and rest 30% is paid on loan also by people.

Global Carbon Project (GCP) analysie data to of emission. Indian stated where high population like delhi
have high emission, vehicles are also responsible in creating pollution. In usa and other parts of world
there is low emissions are low.
Airtel, Jio plan HUL tie-up for new consumer connect
The telcos will expand beyond time-bound tariff plan oriented content tie-ups to find expand customer base and push
them towards higher tariff plans to boost average revenue per customer (ARPU). At the same time, telemapping
consumers will give HUL cloud-based analytics for better insight into consumer behavior. According to persons aware
of the new strategy adopted by the FMCG firm and the two operators, the business model chalked out so far will be
like this - an Airtel or Jio customer will get higher discount vouchers of HUL products on the mobile app if he/she
moves up the tariff plan. These vouchers will be used only in kirana stores and this in turn will help the consumer
company to track the kind of products its customers are buying.

Ebix buys Yatra for Rs 2,323.6 crore; to create India's largest travel company
Ebix Inc, the US-based supplier of on-demand software and e-commerce services to the
insurance, healthcare, financial and e-learning industries, has acquired Yatra Online
Inc, for an enterprise value of $337.8 million (Rs 2,323.6 crore) in an all-stock deal
Ebix's Indian subsidiary EbixCash had acquired Mumbai-based Mercury
Travels and Delhi-based Leisure Corp in 2018 with an objective to establish a
travel division dedicated to luxury, events and sport-related travellers. This
deal is Ebix's biggest acquisition till date in India

Odisha offers land for 'Jockey'


garments unit in outreach to
textile sector
Move follows offers made to Aditya Birla Fashion & Retail Ltd and Shahi Exports; study says
state is emerging as a top destination for apparels in the country
Mukesh Ambani's Reliance Brands
completes 100% acquisition of
Hamleys
In May this year, Reliance Brands, a subsidiary of Reliance Industries, had signed an
agreement to acquire 100 per cent stake in Hamleys from Chinese fashion conglomerate
C Banner International for about Rs 620 crore

Colgate-Palmolive Q1 profit dips


11% to Rs 169.11 crore, sales up 4%
Colgate-Palmolive India's net sales rose by 4 per cent to Rs 1,076 crore from Rs 1,033.55
crore in the year ago quarter; EBITDA climbed 6.2 per cent to Rs 291 crore in Q1FY20

RIL Q1 net up 7% at Rs 10,104


crore; Jio, retail boost revenues
by 22%
Consumer businesses contribute 32% of the consolidated segment gross earnings (or
earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the quarter

Reliance Industries Ltd (RIL) on Friday reported a 6.8 per cent increase in its net profit at Rs
10,104 crore for the quarter ended June this year on the back of a record 22 per cent jump
in revenue at Rs 1.72 trillion.

Consumer businesses contribute 32 per cent of the consolidated segment gross earnings
(or earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the
quarter.

For the same quarter last quarter, the company reported a net profit of Rs 9,459 crore.

Revenue was 22.1 per cent higher than the Rs 1.41 trillion in the corresponding period a
year ago.

Consolidated debt as of June 2019 was at Rs 2.88 trillion compared to Rs 2.87 trillion as of
March 2019
ITC jumps on healthy snacks bandwagon

KOLKATA: ITCNSE -1.72 % Ltd is entering the healthy snacks segment by launching a range of baked chips chips
made of healthy products under its Bingo brand in a bid to take the first-mover advantage among the larger brands
and expand its share in packaged snacks against main competitor, PepsiCo.

Flipkart hires Unilever’s Vikas Gupta to head marketing

NEW DELHI: Walmart-owned e-commerce company Flipkart has roped in consumer goods giant Unilever’s general
manager Vikas Gupta as the head of its marketing function.

It's confirmed, Netflix to launch cheaper plan in India soon

\World's leading entertainment streaming service provider Netflix has confirmed that it will soon launch a low-priced
mobile plan in India to offset lower growth worldwide. According to reports, the new mobile-only plan is likely to be
launched in the third quarter in India, one of the highest growth market for the company.

The plan is likely to be priced lower than the company’s existing subscriptions of Rs 500, Rs 650 and Rs 800. It may
be recalled that Netflix had said in March it was ..

Dip in rural demand to slow FMCG growth in 2019: Nielsen

India's fast-moving consumer goods (FMCG) sector is slowing down as households continue to squeeze spending
and rural growth is losing steam, market research firm Nielsen said Wednesday. The country's largest market
researcher said value growth in the FMCG space dropped 10% in the April-June '19 quarter, the third consecutive
quarter of a slowdown. The Q2 '19 growth numbers follow softening from the third quarter of last year when the sector
grew 16.2%, Nielsen said.

Lowering the growth ..

FMCG companies losing speed: Growth slows for third quarter


Growth in India's fast moving consumer goods (FMCG) sector is declining as lower spending in urban centres and
slowdown in rural growth crimp consumption, according to market research firm Nielsen.

The country’s largest market researcher on Wednesday said value growth in the FMCG space in the April-June
quarter of 2019 dropped to 10% from a year ago. It was also the third consecutive quarter of slowdown. The Q2
growth numbers follow softening from the third quarter of last year when th ..

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Tata Motors Q1 loss doubles to Rs 3,680 crore as JLR woes continue

JLR reported a pre-tax loss of 395 million pounds compared with 264 million
pounds loss YoY.
ETMarkets.com|

Updated: Jul 25, 2019, 05.13 PM IST

NEW DELHI: Homegrown auto major Tata MotorsNSE -4.60 % on Thursday said its losses doubled to Rs 3,679.66
crore in the June quarter against a loss of Rs 1,862.57 crore last year. Analysts in an ETNOW poll had projected a hit
of Rs 1,890 crore.

The firm’s British luxury arm Jaguar Land Rover posted a pre-tax loss of 395 million pounds.

The group’s overall revenue came in at Rs 60,830.16 crore, lower than Rs 65,956.78 crore in the same quarter last
year. The sales number, howev ..

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Flipkart opens first offline Centre in Bengaluru


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NEW DELHI: Flipkart Sunday announced its foray into the offline space with its decision to set up first Furniture
Experience Centre in Bengaluru.

Spread across nearly 1,800 square feet, Flipkart would offer a touch and feel experience to customers in the fast-
evolving online furniture market, the e-commerce major said in a statement.

According to the company, this is a step towards helping customers understand the vast selection of furniture offered
by Flipkart and increase awa ..

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PepsiCo India to invest Rs 514 crore to set up snacks plant in UP

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NEW DELHI: Food and beverages major PepsiCo India on Sunday said it plans to invest Rs 514 crore over the next
three years to set up a greenfield snacks manufacturing plant in Uttar Pradesh.

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022 and is
expected to help create over 1,500 jobs, both direct and indirect, the company said in a statement.

A memorandum of understanding (MoU) for the project was signed between the c ..

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Rural India has to progress for country to progress, says HUL chairman Sanjiv Mehta

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Hindustan Unilever chairman Sanjiv Mehta expects government measures such as rural infrastructure, housing,
electricity, water and healthcare will benefit the country. “These are all the right steps to benefit a large section of our
population. It is extremely important that the rewards of progress be shared with our people who have not had the
opportunity to get the benefit from our country’s development,” Mehta told ET’s Sagar Malviya in an interview.
Mehta’s optimism comes against a backdrop ..

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ITC spends Rs 53.48 cr on
environment sustainability
New Delhi: ITC Ltd. has spent Rs 53.48 crores on environment
sustainability and soil & moisture conservation under their Corporate Social
Responsibility (CSR), says ITCs annual report 2018-19.
As per the report, the company is ensuring ecological balance, protection of
flora and fauna, animal welfare, agroforestry, conservation of natural
resources and maintaining quality of soil, air and water including contribution
to the Clean Ganga Fund set-up by the Central Government for rejuvenation
of river Ganga.

Intending to provide clean and green cover, the company has taken various
initiatives on a large scale. Through social forestry programmes, the
company initiates an afforestation drive where they greened 33,982 acres of
land.

Currently, the programme is running across six states in 16 districts,


covering 5,087 villages, impacting over 121,557 households. As of now, this
initiative has covered nearly 7.33 lakh acres and generated employment for
about 135 million people in rural areas

ITC spends Rs. 306.95 cr on CSR


during 2018-19
New Delhi – India Tobacco Company Ltd (ITC) has spent Rs 306.95 cr on
Corporate Social Responsibility (CSR) during FY 2018-19.
With an aim to eradicate hunger, poverty, malnutrition, promoting health
care& sanitation, the company has spent around Rs 130.37 cr on this sector.

To promote sanitation and availing safe drinking water, ITC contributed


to Swachh Bharat Koshset-up by the Central Government.
With an objective to achieve zero open defecation, 4,443 Individual
Household Toilets (IHHT) were constructed across 15 States in 26 districts, in
collaboration with the state governments and District Sanitation
Departments.
In addition, 32 community toilets were constructed and renovated in Bihar,
West Bengal and New Delhi last year.

The programmes under healthcare and water sanitation covered states


including Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, West Bengal,
Bihar, Uttar Pradesh, Uttarakhand, Jammu & Kashmir, Himachal Pradesh,
Madhya Pradesh, Maharashtra, Kerala, Assam, Chhattisgarh, Gujarat,
Meghalaya, Odisha, Rajasthan, Punjab, Delhi, Jharkhand, Arunachal Pradesh,
Tripura, Manipur and Nagaland

Amazon may shop for stake in Reliance Retail

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KOLKATA | NEW DELHI: Amazon is in exploratory talks with Reliance Retail to acquire up to 26% in the country’s
largest brick-andmortar retailer, two senior industry executives said. However, they made it clear that there is no
certainty that the initial discussions will result in any deal.

Talks began after Reliance’s negotiations with China’s Alibaba Group to sell a stake in the retail entity fell through due
to differences over valuation, they said. Amazon approached Reliance as it wa ..

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For FMCG companies and consumers,₹10
packs fit the bill
3 min read . Updated: 01 Aug 2019, 06:40 AM ISTSuneera Tandon

According to the Mint story, contribution of Rs 10 packs to Parle's sales has jumped from less than 15% a few years
ago to as much as 25% now. The company has now launched trial packs of some of its premium cookies across the
country.

Rs 10 is a much more sustainable price point from a manufacturing standpoint compared to others, says a senior
marketing director at PepsiCo India. It also helps that more and more innovations are coming at this price point, he
adds

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 FMCG companies are launching cheaper packs to attract new consumers as a slowdown
hurts demand
 Over the past few quarters, brands such as Doritos, Dabur Amla hair oil have all
released products in ₹10 price packs
India is only major Asian economy that’s growing its export share during trade war

India’s share of world exports rose to 1.71% in the first quarter of 2019 from
1.58% in the fourth quarter of 2017

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The only major Asian economy that’s grown its export share since the start of the tariff wars in 2018 is the one with
the fewest trade links to China.

India’s share of world exports rose to 1.71% in the first quarter of 2019 from 1.58% in the fourth quarter of 2017, data
compiled by Bloomberg show. The share of every other economy among Asia’s 10 biggest exporting nations fell in
the same period.

It’s a sentiment that was flagged by central bank Governor Shaktikanta Das in a re ..

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Nestle invents new way to


make chocolate without
adding sugar
Bloomberg Zurich | Updated on July 16, 2019 Published on July 16, 2019
KitKat maker uses cocoa leftovers to sweeten dark chocolate - Bloomberg

 SHARE

The new method can reduce amount of


sugar in chocolate by up to 40 per cent
Nestle SA has found a way to create chocolate without
adding any sugar, relying on leftover material from
cocoa plants for sweetening as consumers look for
natural and healthier fare.
The food company is using a patented technique to turn
the white pulp that covers cocoa beans into a powder
that naturally contains sugar. This fall in Japan, Nestle
will start selling KitKat bars with 70 per cent dark
chocolate under the new recipe, which doesn’t include
any added sugar, the Vevey, Switzerland-based firm
said. Until now, the pulp has never been used as a
sweetener for chocolate, and usually its thrown out
Save
Agencies

FMCG cos’ CEOs join boards of peers for exchange of ideas

One recent example of this emerging trend is Suresh Narayanan, chairman


and managing director at Nestle India, joining the board of Asian Paints

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<figcapti ..

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</figcapti ..>

Chief executives of consumer product companies are increasingly grabbing opportunities to join the boards of non-
competing professionally-run consumer-facing companies in search of new ideas to grow their businesses.

One recent example of this emerging trend is Suresh Narayanan, chairman and managing director at Nestle
IndiaNSE 0.52 %, joining the board of Asian PaintsNSE -0.69 % as an independent director in March this year. Varun
Berry, MD at BritanniaNSE -0.84 %, is on the board of P ..

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Amid FMCG slowdown, 3 stocks stand out, rally


to hit new highs
Nielsen has revised growth forecast for the FMCG sector to 9-10% for 2019 from 11-12% earlier

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Lingering concerns over consumer demand amid a slowdown in the economy have left most of the fast moving
consumer goods (FMCG) stocks in the red so far this year. But three stocks – Nestle, Marico and
GlaxosmithklineNSE -0.34 % Consumer Healthcare – have stood apart and hovered around their new peaks on the
bourses on Wednesday.

The country’s largest biscuit maker, Parle Products, on Tuesday said it may let go of 8,000-10,000 people if the
ongoing consumption slowdown persists.
<b ..

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</b ..>
AKADEMIK Lomonosov

Russia कक पहलक ततैरतक Nuclear Reactor


In arctic ocean 144 m length 21000ton is weight
Main purpose of this is to provide electricity to oil platforms(ports).
China is also experimenting and it will launch in 2021-22 . it will be
world’s biggest nuclear floating reactor.

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